When investment is a fine art

The fickle trends of the art market can paint inexperienced investors into a corner. Novice investors will do well to treat artwork as an aesthetic investment rather than a financial one.

A 1969 Francis Bacon painting of his friend and rival Lucian Freud sitting on a chair recently became the most expensive artwork ever sold when Christie’s dropped the hammer in November at a price of $US142.4 million.

Christie’s beat its own rival Sotheby’s, which had only set the record in May 2012 when Edvard Munch’s more well-known pastel The Scream sold for $US119.9 million $A132.9 million).



{{ twilioFailed ? 'SMS Code Failed to Send…' : 'An SMS verification code has been sent ...' }}

Hi {{ user.FirstName }}

Looks like you have already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to complete your SMS verification

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device

Verify your mobile number to proceed...

Please check your mobile number below and press the Send Verification Code button. This will be used to complete your verification in the next step.

Please sign up for full access


Updating information

Please wait ...


{{ productPrice }} / day
( GST included )
Price $0
GST $0
Discount -{{productDiscount}}
TOTAL {{productPrice}}
  • Mastercard
  • Visa

Please click on the ACTIVATE button to finalise your membership


The email address you entered is registered with InvestSMART.

Please login or select "Don't know password"

Please untick this box when using a public or shared device

Register as a new member

(using a different email)

Related Articles